11-Nov-2016 1:26 PM
Aeroflot revenue growth supported by fleet investment
Aeroflot strategy and alliances deputy general director Giorgio Callegari, speaking on CAPA TV, stated (09-Nov-2016) Aeroflot Group increased revenue by investing in the fleet. Mr Callegari said: "We've increased revenue by almost four times over the same period of times [from 2009 to 2015], and we've done so by investing in our fleet, so renovating our fleet, and therefore decreasing the average age of our fleet from over 15 years to 6.4 years." Mr Callegari added efficient fleet structure leads to efficient fuel consumption, which translates into an effective price policy. [more - CAPA TV]